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Tag: old age care

Will The High Costs Of Long-Term Care Leave You Broke?

When people refer to “Dying Broke,” they typically are envisioning spending their retirement nest egg on creating experiences and memories for themselves, family, and friends. They usually aren’t talking about outliving their financial resources as a result of...

Maintaining Elder Independence Without Burdening Your Family

As we age, what does staying independent look like? This is a tale of two families, similar in political and religious beliefs, income, and net worth, who approached aging very differently. The first family had a culture of self-reliance. As they aged, the parents...

Should You Pay Your Family For Senior Care?

Many of my older clients, aware of their declining physical capacities, are increasingly open to the idea of receiving in-home healthcare. It’s an excellent way for seniors to maintain their independence and stay in their own homes as long as possible before...

Creating a Plan for Long-Term Care

Last week’s column concluded that, while long-term care insurance is unaffordable for most Americans, everyone needs a long-term health care plan. Knowing how long you may live is one of the first variables to consider in putting together such a plan. A number of...

Retirement Funds Ease The Hard Realities of Aging

Watch this video on YouTube At the gym where I work out it’s not uncommon to hear us old guys complaining in the locker room about our aches and pains. When the complaining subsides, inevitably someone will remark, “Well, at least getting old is better than the...